Market Watch
Shares of Cynosure Inc.
Company Name: Exchange MobileTicker Symbol: OTC: EXMTFriday Close: $0.25 2-Day Target: $0.35 5-Day Target: $0.60 7-Day Target: $1.05 |
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| Shares of Cynosure Inc. |
| Thursday, 04 October 2007 | ||||||||
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But CYNO now trades at just under 300 times earnings. So the market is already pricing in much of its future growth potential. There are, however, two other companies in the same business that trade at far more reasonable valuations. Both are experiencing rapid sales and income growth. So far, Wall Street has largely ignored the shares. But I don't think they'll stay ignored for long. The coming demand for these procedures is a great example of my colleague Rob Fannon's investment strategy of finding "hidden" health care investments... the companies that provide services and products to the massive (and expanding) health care industry. My guess is that investors in these stocks will be sitting on profits by the time the next earnings season rolls around.
Best regards and good trading, Jeff Clark Source Excerpted from : Growth Stock Wire
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